Insurers have eased the claims settlement process for families of victims of the Air India plane that crashed in the Indian city of Ahmedabad on 12 June.
Etiqa insurance Singapore will provide cover for affected travel insurance customers and has included the claim submission period from 30 to 90 days to help customers better manage their travel disruptions
Kennedys has appointed Ms Anita Quy joint managing partner of Kennedys Legal Solutions. She will also continue to serve as head of aviation, APAC.
The Malaysian general insurance industry's gross written premium (GWP) grew 6.9% y-o-y to MYR23.1bn ($5.3bn) in 2024.
Willis has appointed Mr Anant Pawar as aviation and space leader for India. In his new role, he will deliver innovative aviation insurance broking expertise and solutions to Willis' clients across the country.
These are the highlights for all events and updates across the industry this week.
Marsh Specialty has appointed Mr Andrew George as president. He will also join the Marsh Executive Committee.
Air India has secured a $20bn insurance cover for its expanded fleet following the Vistara merger, maintaining existing premium rates, according to sources.
The Federal Ministry of Aviation and Aerospace Development has held a meeting on creating a new partnership between the Nigerian Insurance Association and the Airline Operators of Nigeria.
International Transport Intermediaries Club (ITIC), the world's leading professional indemnity (PI) insurer for transport professionals, is increasing its focus on the aviation industry by launching a new "Aviation Rule Book", the rule book is the policy wording on which all policies for aviation assured's will now be based. As ITIC's aviation portfolio continues to grow, so does the need for a bespoke insurance solution tailored to meet the distinct demands of this dynamic sector.